Liberty Music Booster Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 91,692 | 92,178 | −486 | 15.1 | 0% |
| 2021 | 93,447 | 102,202 | −8,755 | 12.6 | 0% |
| 2022 | 146,323 | 151,398 | −5,075 | 8.1 | 0% |
| 2023 | 155,050 | 152,508 | 2,542 | 8.3 | 0% |
In its most recent public year (2023), this organization brought in $2,542 more than it spent. Its reserves stood at about 8.3 months of spending, down from 15.1 in 2020. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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